Course detail
Economy of Construction Industry
FAST-CV002Acad. year: 2018/2019
Position of industry of building materials in national economy. Organisation of building materials production. Basic characteristic of industrial firm. Foundation, lifetime and closure of industrial firm. Property and sources of property coverage. Inventory management and financing. Costing and price setting in building materials production. Management of operational and investment costs and returns. Standardization and remuneration. Accounting and taxation. Principles of marketing. Controlling and quality management.
Supervisor
Department
Institute of Structural Economics and Management (EKR)
Learning outcomes of the course unit
To get ability to orient in organization and economy of industry production. To come in useful in production profitability management and price setting.The acquisition of basicskills, particular in the field of contractual relations, contractor, customer, wages, finances, taxes, and investments in the constriction industry.
Prerequisites
Knowledge of particular basic disciplines of business economy. Ability to orient in business economy.
Co-requisites
Costruction- technical knowledge of construction proces, especially the production of building materials
Recommended optional programme components
Not applicable.
Recommended or required reading
Not applicable.
Planned learning activities and teaching methods
The course is taught through lectures, practical classes and self-study assignments. Attendance at lectures is optional, but attendance at classes is compulsory.
Assesment methods and criteria linked to learning outcomes
Evaluation of gained knowledge is in form of written test. Test is passed with obtaining 50 points as minimum. Passing the exam is partly completed with oral exam. Evaluation of crafts is done in seminars. Into account is taken the attendance and passing the written test with examples of calculation of economic indicators and estimating.
Language of instruction
Czech
Work placements
Not applicable.
Course curriculum
1. Introduction, basic concepts, specifics
2. Position of the firm in the national economy, the construction industry and construction company
3. Standardization of work and performance; Standardization and remuneration in construction
4. Grade and classification in the construction industry
6. - 7. Costing and pricing
8. General construction budget
9. Revenues, expenses, profit and relations between them
10. Starting a business, redevelopment and its disappearance, grouping and types of association in construction
11. Public Procurement
12. Investment Management
13. Marketing and Management
Aims
To get ability to orient in organization and economy of industry production. To come in useful in production profitability management and price setting.
Specification of controlled education, way of implementation and compensation for absences
Extent and forms are specified by guarantor’s regulation updated for every academic year.
Classification of course in study plans
- Programme N-K-C-SI (N) Master's
branch M , 1. year of study, winter semester, 5 credits, compulsory
- Programme N-P-C-SI (N) Master's
branch M , 1. year of study, winter semester, 5 credits, compulsory
- Programme N-P-E-SI (N) Master's
branch M , 1. year of study, winter semester, 5 credits, compulsory
Type of course unit
Lecture
26 hours, optionally
Teacher / Lecturer
Syllabus
1. Introduction, basic concepts, specifics
2. Position of the firm in the national economy, the construction industry and construction company
3. Standardization of work and performance; Standardization and remuneration in construction
4. Grade and classification in the construction industry
6. - 7. Costing and pricing
8. General construction budget
9. Revenues, expenses, profit and relations between them
10. Starting a business, redevelopment and its disappearance, grouping and types of association in construction
11. Public Procurement
12. Investment Management
13. Marketing and Management
seminars
26 hours, compulsory
Teacher / Lecturer
Syllabus
1. Introduction, program curriculum, instruction and guidance
2. Classification
3. - 4. Standardization and remuneration in construction; wages
5. Depreciation
6. - 7. Costing and pricing of construction work
8. General construction budget
9 - 11 Building price
12. Credit test
13. The course-unit
eLearning
eLearning: currently opened course